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Container lines are becoming increasingly selective about the commodities they want to carry, targeting “more for less, in size” during the peak season rush.
Heavy and overweight shipments have taken a hard knockback from carriers working to push vessel loads on available space from India to Europe, amid strong booking demand, according to market sources.
They noted that major liners were pushing for lightweight freight bookings and tightened their cargo weight policies to realize their stowage plans.
They have also put hefty penalties in place for cargo weight deviations, rising to $2,000 if the discrepancy is over nine tonnes, according to a new advisory from Hapag-Lloyd for exports from India, for which its “weight deviation fee” had been revised.
Read more in an article from The Loadstar.